MIDDLEBURY ACADEMY

EIN: 341866953 501(c)(3) Education

Akron, OH

Total Revenue
$3,572,809
Total Expenses
$3,570,002
Total Assets
$2,013,261
Net Assets
$-842,561
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
OH
Principal Officer
C David Massa
Phone
3305357728
Tax Period
2024-07-01 to 2025-06-30

MIDDLEBURY ACADEMY, founded in 1998, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2024.

Mission

The Vision of Middlebury Academy is to foster a love of learning and develop a multicultural environment, through communication that focuses on problem solving, scientific and technological strategies, languages and entrepreneurship in our students.

Program Service Accomplishments

Program 1
Expenses: $3,444,861 Revenue: $3,572,809

At Middlebury Academy, our philosophy and approach to education is to provide an academic experience that exceeds all other school offerings. Middlebury currently utilizes curriculum that is rich in...

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At Middlebury Academy, our philosophy and approach to education is to provide an academic experience that exceeds all other school offerings. Middlebury currently utilizes curriculum that is rich in current common core standards and expectations for all students. Our teachers have been extensively trained in their curriculum areas, as well as in common core. Middlebury staff not only partake in District professional development, but also school level trainings as they pertain to our program.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,572,809
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,572,809

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,703,474
Fundraising Expenses $0
Program Expenses $3,444,861
Other Expenses $1,866,528
TOTAL EXPENSES $3,570,002

Year-over-Year Comparison

2024 2023 Change
Revenue $3,572,809 $3,512,563 +0.0%
Expenses $3,570,002 $3,099,895 +0.2%
Net Income $2,807 $412,668 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
9
$18,255
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ronald McDaniel Board President 2.0
Director
$2,385 $0 $2,385
Michele Fort Board Member 1.00
Director
$2,385 $0 $2,385
Angela Robinson Board Member 1.0
Director
$2,385 $0 $2,385
Patricia Beals Board Member 1.0
Director
$2,245 $0 $2,245
Matthew Devlin Board Member 1.0
Director
$2,245 $0 $2,245
Kathleen Brand Board Member 1.00
Director
$2,120 $0 $2,120
Janice Bauman Board Member 1.00
Director
$1,870 $0 $1,870
Mark Humphrey Board Member 1.0
Director
$1,495 $0 $1,495
Rica Keith Board Member 1.0
Director
$1,125 $0 $1,125
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,572,809 $3,570,002 $2,013,261 $2,807
2024 $3,512,563 $3,099,895 $2,313,113 $412,668
2023 $2,692,844 $2,571,320 $1,384,711 $121,524
2022 $2,461,114 $1,756,190 $1,264,238 $704,924
2021 $1,932,455 $1,594,045 $1,113,022 $338,410
2020 $2,236,978 $2,407,810 $1,143,721 $-170,832
2019 $2,653,708 $2,477,504 $931,367 $176,204
2018 $2,824,521 $2,234,147 $921,464 $590,374
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